# Fireside Chat I Kartik Talwar and Benny Giang I Future of NFTs with EIP 6551 | Pragma Waterloo 2023

- Speakers: [Kartik Talwar](https://streameth.org/speakers/kartik-talwar)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2023-10-09
- Duration: 22:29
- Topics: ERC-6551, EIP-6551, token bound accounts, NFTs, NFT wallets, CryptoKitties, Benny Giang, Future Primitive, NPCs, networked playable characters, on-chain identity, smart NFTs, AI NFTs, NFT demo, Ethereum, Pragma Waterloo, NFT standards, NFT evolution, decentralized identity, NFT use cases, NFT gaming, AI agents, NFT DAO tools, tokenbound.org, composable NFTs, NFT ownership, NFT utility, Ethereum NFTs, zk-NPC, NFT reputation, NFT governance, NFT developer tools
- Watch: https://streameth.org/watch/yt-RslP8MKLz8c
- YouTube: https://www.youtube.com/watch?v=RslP8MKLz8c

## Description

Benny Giang, co-creator of CryptoKitties and co-author of EIP-6551, unveils the future of NFTs at Pragma Waterloo. In this demo-packed talk, Benny introduces Token Bound Accounts (TBAs) and the powerful ERC-6551 standard—enabling NFTs to own assets, act as on-chain agents, sign transactions, and participate in governance.

Learn how NFTs are evolving into networked playable characters (NPCs), capable of AI-driven onchain actions across the metaverse and autonomous worlds. This groundbreaking session explores how NFTs go beyond profile pictures into programmable, composable, and truly non-fungible digital identities.

00:00 Intro to EIP-6551 and NFT evolution
01:07 Benny Giang introduction and history with NFTs
02:22 What is a Token Bound Account (TBA)?
03:05 Three powers of 6551: assets, identity, action
03:47 NFTs as wallets and interactive identities
04:27 AI-powered NFTs and NPC use cases
05:36 How 6551 fits the NFT standards landscape
06:43 EVM-compatible, multichain support explained
07:21 Prize tracks and hackathon opportunities
07:55 Live demo: NPC kitty with on-chain action
08:34 NPC sends NFT to another NFT’s account
09:31 Verifying the TBA interaction on tokenbound.org
10:08 Post-demo reflection with Kartik Talwar
10:51 How CryptoKitties started at ETHWaterloo
12:23 Why create ERC-6551 and not a new token standard
13:34 Making NFTs usable without solidity knowledge
15:16 Become, use, and interact with your NFTs
16:22 What can an NPC actually do?
17:35 Making NFTs about art and relationships again
18:39 What are Autonomous Worlds and why they matter
19:52 Dunbar’s number, object relationships & future AI
21:01 Visualizing social graphs and DAO participation
22:05 Call to action for builders to explore 6551

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🇨🇦 *Pragma Waterloo*
The now third edition of Pragma kicked off with a curated series of high-quality talks that sparked thought and discussion among attendees as they were storming into the Auditorium of the CIGI Building.  Pragma Waterloo 2023 was an opportunity discuss the future of web3 and reflect on the past. Watch the full Pragma Waterloo 2023 playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7i8oFx5vCB9qTdadQqAjF0&si=NS2W71SteTbEs4T8

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. 

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